Extreme Weather Events, the Australian Economy and the Insurance Industry

Date/Time

Date(s) - 29/10/135:30pm - 7:30pm

Location

Ernst & Young Centre, World Square
Level 33, 680 George Street

The increasing frequency and widespread impact of extreme weather events on the economy, governments, business and individuals has led to two recent government inquiries and reports: the PC’s “Barriers to Effective Climate Change Adaptation” and the Senate Report on “Recent trends in and preparedness for extreme weather events” Each has examined potential responses and preparedness for such events and identified areas of concern, including the allocation of responsibility between local, state and federal governments, financial institutions and individuals. ACFS has brought together a group of experts to examine the increasing incidence of extreme weather events and some “big picture” issues.

How will extreme weather events impact on the Australian economy in the future?

How is the insurance industry responding to the changing environment?

How will these events impact on access to and cost of insurance for individuals?

Speakers include:

Heinrich Eder, Managing Director, Munich Re Australasia;

Warrick Gard, Partner General Insurance, Ernst & Young;

Dr Karl Mallon, Director, Climate Risk; and

Karl Sullivan, General Manager Risk and Disaster Planning, Insurance Council of Australia